EURUSD
💹 [EURUSD]
Outlook: The EUR has been very bearish on the 5hr and seems to be a bit over extended. I would wait for price to pullback and make a correction into the 10ema. Then allow the 30m to show you a impulse lower then correct into the 10ema and confirm the same with the 5m entry time frame. This can definitely continue down and not meet my rules but I would wanna see a valid correction on the 5hr Context time frame before going down to my validation and entry time frames.
Bias: Bearish but needs time
Outlook: The EUR has been very bearish on the 5hr and seems to be a bit over extended. I would wait for price to pullback and make a correction into the 10ema. Then allow the 30m to show you a impulse lower then correct into the 10ema and confirm the same with the 5m entry time frame. This can definitely continue down and not meet my rules but I would wanna see a valid correction on the 5hr Context time frame before going down to my validation and entry time frames.
Bias: Bearish but needs time
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